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Jan 19, 2012
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gm, a number of airlines have done it. so, cutting expenses doesn't do everything. the real problem for this company is it has to figure out how to stay relevant in a changing landscape in terms of business. obviously, we don't really use film anymore. that's what kodak was known for. they've moved to digital and they haven't been able to capture the digital market, despite the fact that they invented the digital camera. >> we were talking about this in our meeting. alas, i guess -- hopefully, they'll figure something out. felicia taylor, thank you so much much. much. here we go, hour two. -- captions by vitac -- www.vitac.com >>> welcome back. i'm brooke baldwin. news just in from the mitt romney regarding those iowa caucus results. this as rick santorum declares victory and newt gingrich cuts into romney's leads in south carolina. time to play in all political roulette here. cnn politics style. we'll begin with jim an costas following team romney this charleston, south carolina. jim, it looks like iowa is out of now romney's you know, win column. the newly certifi
gm, a number of airlines have done it. so, cutting expenses doesn't do everything. the real problem for this company is it has to figure out how to stay relevant in a changing landscape in terms of business. obviously, we don't really use film anymore. that's what kodak was known for. they've moved to digital and they haven't been able to capture the digital market, despite the fact that they invented the digital camera. >> we were talking about this in our meeting. alas, i guess --...
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Jul 5, 2012
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the auto loans didn't just help chrysler and gm. they helped all the supplier, all the small businesses in the areas, they helped the citizens. >> reporter: despite the bailout, michigan has actually lost about 50,000 auto manufacturing jobs since 2007. >> some even said we should let detroit go bankrupt. you remember that. >> i believe the market works better than a president stepping in to take care of his friends. >> reporter: mitt romney's 2008 op ad is notorious here. obama took 53% of the vote here in macomb county in 2008. romney supporters know the uphill battle they face here. what do you think mitt romney's biggest challenge is here in michigan? >> when chrysler and gm were grabbing for a life lierng it came off as if he didn't care about the auto industry. he talked about the bailout, the auto crisis like a financial guy, a bean counter rather than like somebody whose heart was really there. >> reporter: a candid reflection from an auto worker who knows the importance of detail both on the production line and in politics.
the auto loans didn't just help chrysler and gm. they helped all the supplier, all the small businesses in the areas, they helped the citizens. >> reporter: despite the bailout, michigan has actually lost about 50,000 auto manufacturing jobs since 2007. >> some even said we should let detroit go bankrupt. you remember that. >> i believe the market works better than a president stepping in to take care of his friends. >> reporter: mitt romney's 2008 op ad is notorious...
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Dec 26, 2012
12/12
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interestingly enough, though, gm was really going strong for most of this year. and for some reason, as it approaches the finish line, it's fallen behind toyota. so it looks like toyota's going to go ahead and get that top spot. >> alison kosik reporting live from the new york stock exchange. >>> 46 minutes past the hour. time to check our top stories. president obama leaving hawaii today to go back to washington for a last-ditch effort to reach a deal on the fiscal cliff. senate and house expected to reconvene tomorrow. as you know, we have just six days left before across-the-board tax increases and spending cuts take effect. >>> former president george h.w. bush is still in a houston hospital. his wife, barbara, and other relatives at his side. the 88-year-old has been in the hospital for more than a month with a lingering cough. he recently had a low-grade fever. doctors remain cautiously optimistic about a full recovery. >>> a privacy breach in the facebook family. mark zuckerberg's sister says a family photo she posted on facebook was reposted by another wo
interestingly enough, though, gm was really going strong for most of this year. and for some reason, as it approaches the finish line, it's fallen behind toyota. so it looks like toyota's going to go ahead and get that top spot. >> alison kosik reporting live from the new york stock exchange. >>> 46 minutes past the hour. time to check our top stories. president obama leaving hawaii today to go back to washington for a last-ditch effort to reach a deal on the fiscal cliff. senate...
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Oct 27, 2012
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. >> look where gm is now. if the government didn't step in, might not be working, might not have a job. >> here at gm's lordstown, ohio, plant, they're cranking out the chevy cruz. they're got from one shift of 100 workers to three shifts with 4500 workers today. but like most autoworkers these days, she felt the pain of the layoffs. >> how much does it play into politics for you in this election? >> it means everything. >> everything? >> everything. we're doing real well right now. >> her coworkers told us a similar story. who are you supporting for president? >> obama. >> why? >> because he's for the working class. and he helped with the bailout. >> it speaks about his dar character, speaks about his concern for us. >> in warren, ohio, some former autoworkers are angry. >> i was one of the innovators. bruce worked for delphi for 34 years, a senior engineer, nonunion. >> what did the auto bail out mean to you? >> the effect on me and my family is a loss of all my health care insurance, a loss of all my life i
. >> look where gm is now. if the government didn't step in, might not be working, might not have a job. >> here at gm's lordstown, ohio, plant, they're cranking out the chevy cruz. they're got from one shift of 100 workers to three shifts with 4500 workers today. but like most autoworkers these days, she felt the pain of the layoffs. >> how much does it play into politics for you in this election? >> it means everything. >> everything? >> everything. we're...
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Sep 4, 2012
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>> the gm plant was a -- the democrats mistaken leely attack us. paul ryan said that president obama said if he was elected, he would keep it up. it closed. the president then wrote a letter to say he would do everything he can to get that plant back online. it is still closed. so paul ryan was 100% right. in fact, what that highlights is that the president who was then a candidate in 2008 said that plants like this would stay open with government help was wrong. once elected, he said i'll do everything in my power to keep open. he failed on that as well. paul ryan is 100% right, and that example highlights another failed promise by the president. so i think that's something that comes back as more of a problem for the dems for us. >> i know that paul ryan said he had to explain what he meant. that he didn't misspeak, but he had to explain what he meant when he originally made those accusations. sean spicer, we appreciate it. >>> it is 46 minutes past the hour. how can a movie create controversy before the democratic national convention starts? >>
>> the gm plant was a -- the democrats mistaken leely attack us. paul ryan said that president obama said if he was elected, he would keep it up. it closed. the president then wrote a letter to say he would do everything he can to get that plant back online. it is still closed. so paul ryan was 100% right. in fact, what that highlights is that the president who was then a candidate in 2008 said that plants like this would stay open with government help was wrong. once elected, he said...
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Mar 15, 2012
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quote, it's bankruptcy time for gm. another headline, crunch time lose for chrysler. another headline, government must act quickly to prevent the collapse of suppliers. you guys know for every one of you on the line, there's four people in another job supplying those parts. folks, a million good jobs are at stake, on the assembly lines, at the parts factory, right down to the diners outside each of those facilities. our friends on the other side, our republican friends had started a mantra. they start today mantra that said we would make auto companies, quote, wards of the state was their phrase. governor romney was more direct. let the detroit go bankrupt. he said that. he said that what we propose, and and i quote, is even worse than bankruptcy, end of quote. he said it would make gm, quote, the living dead. newt gingrich said, quote, a mistake. but the guy i work with every day, the president, he didn't flinch. this is a man with steel in his spine. he knew that -- he knew that resurrecting the industry wasn't going to be popular. it was absolutely clear in every b
quote, it's bankruptcy time for gm. another headline, crunch time lose for chrysler. another headline, government must act quickly to prevent the collapse of suppliers. you guys know for every one of you on the line, there's four people in another job supplying those parts. folks, a million good jobs are at stake, on the assembly lines, at the parts factory, right down to the diners outside each of those facilities. our friends on the other side, our republican friends had started a mantra....
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Aug 30, 2012
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he talked about president obama's 2008 trip to a gm plant in janesville, wisconsin. i want to listen to what paul ryan said. >> right there at that plant candidate obama said i believe that if our government is there to support you, this plant will be here for another 100 years. that's what he said in 2008. well, as it turned out, that plant didn't last another year. it is locked up and empty to this day. >> now, the does i guess to close the plant came in june 2008 when george w. bush, your brother was in office. was mr. ryan being misleading last night? >> not at all. those are the words that barack obama used. it was a campaign promise and yet another campaign promise unfulfilled. >> i know you talk about the budget and the debt and deficit quite a bit and congressman ryan did last night, too, and he criticized the president for not doing enough to cut spending. he also criticized the president for not acting on the simpson-bowles commission. listen to what he said on that. >> he created a new bipartisan debt commission. they came back with an urgent report. he th
he talked about president obama's 2008 trip to a gm plant in janesville, wisconsin. i want to listen to what paul ryan said. >> right there at that plant candidate obama said i believe that if our government is there to support you, this plant will be here for another 100 years. that's what he said in 2008. well, as it turned out, that plant didn't last another year. it is locked up and empty to this day. >> now, the does i guess to close the plant came in june 2008 when george w....
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. >> obama took gm and chrysler into bankruptcy. and sold chrysler to italians who are going to build jeeps in china. >> really? after all that federal bailout money, it's china that will get all the jobs? right away, the white house unleashed its attack dogs. >> they're running the most scurrilous ad in ohio. they assert that president obama forced chrysler into bankruptcy so the italians could take over chrysler. and ship jeep manufacturing to china. that's what the ad says. that's what the ad said. it's an outrageous lie. >> don avalon is a cnn contributor who also serves as a senior political columnist for "ne "newsweek" and the daily beast. joining from us youngstown, ohio. i know you've done a lot of reporting on this issue. is the ad inaccurate? >> reporter: the ad is inaccurate, but it really is resonating here in ohio, and not in a good way for the romney campaign. a lot of voters i've spoken to, they've heard about the ad, they've seen it and understand it's an attempt to muddy the waters and play fast and loose with the f
. >> obama took gm and chrysler into bankruptcy. and sold chrysler to italians who are going to build jeeps in china. >> really? after all that federal bailout money, it's china that will get all the jobs? right away, the white house unleashed its attack dogs. >> they're running the most scurrilous ad in ohio. they assert that president obama forced chrysler into bankruptcy so the italians could take over chrysler. and ship jeep manufacturing to china. that's what the ad says....
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Nov 7, 2012
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since the bailout gm and chrysler have both unveiled major improvement or expansion plans creating at least 1,000 more jobs. on chevy boulevard in parma, ohio, that matters. >> every gm car has a part that comes through our plant. >> reporter: at uaw local 1005 across the street from the gm stamping plant, local president says the president saved their jobs, so his members returned the favor. >> he did it for all of us. we did it for him. when you look at the two candidates though, i mean, barack obama was the guy for the country. >> reporter: the bailout and jobs saved was a constant theme of the obama campaign, something the president repeated every time he was in the state. >> governor romney said we should just let detroit go bankrupt. i refuse to turn my back on communities like this one. >> reporter: the message came through loud and clear on ohio's assembly lines. at freeway lanes next to the plant in cleveland, current and retired auto workers say there was never any doubt who they would vote for. ivan major holds up a t-shirt to make his point. the message here is pretty clea
since the bailout gm and chrysler have both unveiled major improvement or expansion plans creating at least 1,000 more jobs. on chevy boulevard in parma, ohio, that matters. >> every gm car has a part that comes through our plant. >> reporter: at uaw local 1005 across the street from the gm stamping plant, local president says the president saved their jobs, so his members returned the favor. >> he did it for all of us. we did it for him. when you look at the two candidates...
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Apr 27, 2012
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. >>> new orleans saints gm mickey loomis is talking with a clear conscience he says. loomis decided a tweet was not good enough and went public. he emphatically denied an espn report that he eavesdropped on other team's coaches. >> i have never listened to an opposing team's communications. i have never asked for the capability to listen to an opposing team's communications. i have never inquired as to the possibility of listening in on an opposing team's communications. and i have never been aware of any capability to listen in on an opposing team's communication at the superdome or any nfl stadium. >> the fbi and police are looking into eavesdropping allegations. loomis says he doesn't know who made the eavesdropping claim but does say he's pretty darn angry about it. no surprise at the beginning of the nfl draft last night. >> with the first pick in the 2012 nfl draft, the indianapolis colts select andrew luck, quarterback, stanford. >> the pressure. as expected washington chose another quarterback talking about the redskins now. robert griffin iii was the next pic
. >>> new orleans saints gm mickey loomis is talking with a clear conscience he says. loomis decided a tweet was not good enough and went public. he emphatically denied an espn report that he eavesdropped on other team's coaches. >> i have never listened to an opposing team's communications. i have never asked for the capability to listen to an opposing team's communications. i have never inquired as to the possibility of listening in on an opposing team's communications. and i...
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how much do taxpayers put into gm? you as a taxpayer with general motors, specifically, right now you own about a third of gm. that's how the bailout was structured. gm today closed on the stock exchange at $21.76 a share. now, in order to break even, so for taxpayers you out there to make that money back, gm shares would have to rise to between 523 and $670 a share. treasury right now says they expect to lose $25 billion or more which, of course, is interesting when you look at banks specifically, taxpayers have made money. they've lost money on gm right now and on aig, the insurer. but when you look at the auto industry, there is one company that did not get a bailout and is thriving, and that, of course, is ford. >> erin, thanks very much. it's interesting, sandra fluk is about to speak. we'll bring that to our viewers live. interesting, because she was supposed to speak about an hour ago. they actually moved her later in the evening when it's almost prime time, 10:00, when it's coveted speaking roles. what does tha
how much do taxpayers put into gm? you as a taxpayer with general motors, specifically, right now you own about a third of gm. that's how the bailout was structured. gm today closed on the stock exchange at $21.76 a share. now, in order to break even, so for taxpayers you out there to make that money back, gm shares would have to rise to between 523 and $670 a share. treasury right now says they expect to lose $25 billion or more which, of course, is interesting when you look at banks...
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he lied about the deficit and debt he even dishonestly attacked bark obama for the closing of a gm plant his home town of janesville, wisconsin. he also failed to offer one constructive idea about what he would do to move the country forward. and on the plant that ryan talked about under george w. bush the plans to close it were announced, although ultimately it did happen while president obama was president. >> there were moments where paul ryan was fast and loose with the facts, but there may not have been his purpose. but what people were talking about on the convention floor was condoleezza rice, she set the place on fire last night. >> i thought she delivered a pretty good speech. she went out there and did what she was attempting to do. and if the theme of the night from republicans taking the stage is that president obama has shown a lack of leadership. she was there to say he's shown a lack of leadership on foreign policy. a one-two punch. she was saying the freest and most compassionate country on earth must be the most powerful and she was talking about strength through power.
he lied about the deficit and debt he even dishonestly attacked bark obama for the closing of a gm plant his home town of janesville, wisconsin. he also failed to offer one constructive idea about what he would do to move the country forward. and on the plant that ryan talked about under george w. bush the plans to close it were announced, although ultimately it did happen while president obama was president. >> there were moments where paul ryan was fast and loose with the facts, but...
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teachers and public schools and it would affect private sector workers like autoworkers on the line and gm-chrysler or ford. the governor here, republican rick snihinsider is saying thiss what's best important the workers, the labor workers do not agree. >> to get freedom of choice to the workplace and that -- legislators move promptly and efficiently in moving it through the legislature and when it arrives on my desk i plan on signing it. >> in the state of michigan we have been -- had a fledgling economy for quite some time. we have been -- way down at the bottom of the list in the country. we have just started to make a comeback bypassing right-to-work, that's taking that comeback and cutting the legs out from under it. it will hurt the economy and will hurt the state and hurt the citizens. >> and to break down the numbers for you, don, according to data from the bureau of labor statistics, looking at median weekly salaries important union workers nationwide, they make more, $938 a week, versus $729 a week for non-union workers. there is a wage differential there typically labor lawyer told me,
teachers and public schools and it would affect private sector workers like autoworkers on the line and gm-chrysler or ford. the governor here, republican rick snihinsider is saying thiss what's best important the workers, the labor workers do not agree. >> to get freedom of choice to the workplace and that -- legislators move promptly and efficiently in moving it through the legislature and when it arrives on my desk i plan on signing it. >> in the state of michigan we have been --...
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turned the gun on himself just outside the chiefs practice facility right in front of coaches and the gm. they leave behind a 3-month-old daughter. so -- >> president obama kicks off december with a busy schedule today he hosts the prime minister of bulgaria in the oval office. he then heads to national defense university to deliver remarks and tomorrow the president will meet the governors at the white house to talk about that impending so-called fiscal cliff. >> cory booker is taking the food stamp challenge this week. the newark, new jersey mayor, will only be eating what he can afford to buy with just over $333. that's the average weekly food stamp benefit in his state. booker tweeting that he will be giving up coffee because he will not be able to afford it. >> i really like that he's doing that. >> we should see how that turns out. >> drawing a red line, secretary of state hillary clinton talks tough to syria about using chemical weapons. we will have a live report next. make you feel alive. l meet the five-passenger ford c-max hybrid. c-max says ha. c-max says wheeee. which is wha
turned the gun on himself just outside the chiefs practice facility right in front of coaches and the gm. they leave behind a 3-month-old daughter. so -- >> president obama kicks off december with a busy schedule today he hosts the prime minister of bulgaria in the oval office. he then heads to national defense university to deliver remarks and tomorrow the president will meet the governors at the white house to talk about that impending so-called fiscal cliff. >> cory booker is...
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gm is alive. bin laden is dead. >> do you want to know what it's really like to experience the democratic national convention if from the inside tomorrow? join the cnn election round table with me and cnn's political team. submit your questions and get answer realtime in this live virtual chat. log onto cnn.com/roundtable for all the information you need to know. >>> president, politician, father and husband, and fierce co competitor. jessica yellin sets out to tans the question, who is barack obama? >>> plus, hundreds dying daily and who is the man behind the camera risking his life to get the story out? our own arwa damon is on the story for us. ♪ it means cleaner, cheaper american-made energy. but we've got to be careful how we get it. design the wells to be safe. thousands of jobs. use the most advanced technology to protect our water. billions in the economy. at chevron, if we can't do it right, we won't do it at all. we've got to think long term. we've got to think long term. ♪ scroll...
gm is alive. bin laden is dead. >> do you want to know what it's really like to experience the democratic national convention if from the inside tomorrow? join the cnn election round table with me and cnn's political team. submit your questions and get answer realtime in this live virtual chat. log onto cnn.com/roundtable for all the information you need to know. >>> president, politician, father and husband, and fierce co competitor. jessica yellin sets out to tans the question,...
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gm is number one in the world. we passed health care reform. never again will taxpayers have to bailout wall street. what the president is saying we made progress, but i'm not done, you know. as he has said before, returning to where we were before the recession is not good enough because we have had decades of erosion of the middle class and we need to do better than that. that's what you'll hear thursday night, that we have a path forward. so you have a road map how to build an econo to last and help the middle class retain the security they lost over a series of years. we made some significant progress. we're going to be hearing some of that progress tonight. the auto industry. what would have happened if we listened to mitt romney and let the auto industry go bankrupt? what would have happened when you buckle to republican pressure and insurance industry lobbies. and health care reform. these are tangible things the president has done. >> bailing out, rescuing of auto industry will be a major theme. is he also going to talk jobs and the eco
gm is number one in the world. we passed health care reform. never again will taxpayers have to bailout wall street. what the president is saying we made progress, but i'm not done, you know. as he has said before, returning to where we were before the recession is not good enough because we have had decades of erosion of the middle class and we need to do better than that. that's what you'll hear thursday night, that we have a path forward. so you have a road map how to build an econo to last...
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. >>> gm will buy back 200 million shares and another 300 million will be sold through various means or so. that will end the $51 billion bailout of the automaker. taxpayers are expected to lose money on this deal. the stock hasn't done as well as hoped. >>> south korea has elected its first female president. park promises to salvage the economy and other issues are income inequality. park is the daughter of the country's former military dictator. >>> and take a look at these dramatic i am manuals of a mudslide in motion. our affiliate, komo in everett washington captured the video as the slide slammed into a moving freight train. cars crumbled and derailed, as you can see there. the freight trains were back on the tracks yesterday but amtrack is waiting 48 hours to make sure that this scene is safe. unbelievable when you see that mudslide. >> do we know if anybody was hurt? >> i don't think anyone was hurt. it was a freight train. they want to make sure that everything is safe. take a look at those oh pictures. there it goes. >> lisa, thank you. >>> it's a debate politicians have re
. >>> gm will buy back 200 million shares and another 300 million will be sold through various means or so. that will end the $51 billion bailout of the automaker. taxpayers are expected to lose money on this deal. the stock hasn't done as well as hoped. >>> south korea has elected its first female president. park promises to salvage the economy and other issues are income inequality. park is the daughter of the country's former military dictator. >>> and take a look...
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gm was on a pathway to bankruptcy. gm sails were up 10% just this month, in fact, in figures that came out today. you can't look at where we were and where we are and not think we're better. are we where we all want to be? are we where the president wants us to be? absolutely not. we have to push forward, strengthen the security of the middle class and put more people back to work. yes, we're better off. yes, we have a long way to go. >> all right, robert gibbs, senior adviser to the obama campaign, thank you so much. great to see you. anderson, back to you. >> talking to robert gibbs there on the floor. we are awaiting a number of speeches. obviously the big speech tonight, michelle obama. a lot of people with a lot of anticipation building to see what happens with that. how much, john, in the days ahead, in the day ahead, are we going to be hearing about this not having the word "god" in the platform from republicans? >> again, the democrats went after the republican platform with vigor. they saw things in the republ
gm was on a pathway to bankruptcy. gm sails were up 10% just this month, in fact, in figures that came out today. you can't look at where we were and where we are and not think we're better. are we where we all want to be? are we where the president wants us to be? absolutely not. we have to push forward, strengthen the security of the middle class and put more people back to work. yes, we're better off. yes, we have a long way to go. >> all right, robert gibbs, senior adviser to the...